San Diego-based biometrics firm ImageWare Systems has issued financial results for the first quarter ended March 31, 2015, showing slight details in revenues and new details of a biometric driving license software project.Total revenues in the first quarter of 2015 decreased to $1.0 million from $1.1 million in the first quarter of 2014, due to lower hardware revenue and lower royalty revenue from channel partners ImageWare noted.Gross margin in the first quarter of 2015 decreased by 530 basis points to 71.1% compared to 76.4% in the first quarter of 2014. The decrease was primarily due to factors including lower high margin software and royalty product revenues.However, this first quarter did see the company roll out its first SaaS installation and began to generate revenue on a per transaction basis with our on premise production version of GoCloudID, with a system deployed for the Baja California Driver's License program.The project involves providing fingerprint and facial recognition biometrics for over 80,000 current users and supporting production of additional users at the rate of 15,000-20,000 per month.”We remain undeterred by the pace of the rollout and steadfast in our goal to transition ImageWare in to a commercial-based provider of biometrics-as-a-service — a transition we expect to drive significant shareholder value,” said Jim Miller, chairman and CEO of ImageWare.”ImageWare's strategy to target large IT service providers and deliver security for their cloud customers remains on track ߪ Ultimately, our model is dependent upon our partners and we have formed very significant relationships with Fujitsu, TransUnion, CA Technologies, IBM, Deutsche Telekom and, more recently, with Agility and Extenua. All of these partners remain in the testing and implementation phase, and they have reiterated their commitment to ImageWare.”While we certainly expected some of these agreements to be producing revenues today, it is important to note that we are dealing with large organizations that are thoughtful and methodical about the rollout of our transformational software. In some cases, they are building and refining their sales and marketing strategy, which will serve as the basis for product rollout. And in other cases, they have a plan to incorporate our software into new products that they need to still develop”.At March 31, 2015, cash and cash equivalents totaled $8.4 million compared to $0.2 million at December 31, 2014.